Alaska Air Group Inc. (ALK): Price and Financial Metrics

Alaska Air Group Inc. (ALK): $38.21

0.03 (+0.08%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

C

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Industry: Airlines

Industry

D

Ranked

#17 of 26

in industry

ALK Price/Volume Stats

Current price $38.21 52-week high $57.18
Prev. close $38.18 52-week low $30.75
Day low $37.58 Volume 1,970,800
Day high $38.40 Avg. volume 2,495,760
50-day MA $36.99 Dividend yield N/A
200-day MA $40.50 Market Cap 4.82B

ALK Stock Price Chart Interactive Chart >

ALK POWR Grades

  • ALK scores best on the Growth dimension, with a Growth rank ahead of 55.58% of US stocks.
  • The strongest trend for ALK is in Growth, which has been heading down over the past 26 weeks.
  • ALK's current lowest rank is in the Stability metric (where it is better than 11.95% of US stocks).

ALK Stock Summary

  • ALASKA AIR GROUP INC's stock had its IPO on January 1, 1986, making it an older stock than 92.92% of US equities in our set.
  • ALK's price/sales ratio is 0.45; that's higher than the P/S ratio of merely 14.65% of US stocks.
  • In terms of twelve month growth in earnings before interest and taxes, ALASKA AIR GROUP INC is reporting a growth rate of 154.35%; that's higher than 92.68% of US stocks.
  • If you're looking for stocks that are quantitatively similar to ALASKA AIR GROUP INC, a group of peers worth examining would be UONE, OGS, DY, NHC, and RES.
  • ALK's SEC filings can be seen here. And to visit ALASKA AIR GROUP INC's official web site, go to www.alaskaair.com.

ALK Valuation Summary

  • ALK's price/earnings ratio is 19.3; this is 14.6% lower than that of the median Industrials stock.
  • Over the past 243 months, ALK's price/sales ratio has gone up 0.2.

Below are key valuation metrics over time for ALK.

Stock Date P/S P/B P/E EV/EBIT
ALK 2023-12-29 0.5 1.2 19.3 18.1
ALK 2023-12-28 0.5 1.2 19.7 18.4
ALK 2023-12-27 0.5 1.2 19.6 18.3
ALK 2023-12-26 0.5 1.3 19.9 18.4
ALK 2023-12-22 0.5 1.3 20.1 18.6
ALK 2023-12-21 0.5 1.3 20.1 18.5

ALK Growth Metrics

    Its 5 year net cashflow from operations growth rate is now at -3.31%.
  • The 2 year net income to common stockholders growth rate now stands at -12.57%.
  • Its 3 year cash and equivalents growth rate is now at 192.09%.
Over the past 52 months, ALK's revenue has gone up $1,484,000,000.

The table below shows ALK's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 9,646 1,418 58
2022-09-30 9,066 1,538 54
2022-06-30 8,191 1,258 208
2022-03-31 7,060 1,150 466
2021-12-31 6,176 1,030 478
2021-09-30 5,085 551 13

ALK's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • ALK has a Quality Grade of B, ranking ahead of 86.05% of graded US stocks.
  • ALK's asset turnover comes in at 0.358 -- ranking 56th of 137 Transportation stocks.
  • DAL, AAL, and JBLU are the stocks whose asset turnover ratios are most correlated with ALK.

The table below shows ALK's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.358 0.484 0.008
2021-06-30 0.266 0.401 -0.064
2021-03-31 0.191 0.302 -0.139
2020-12-31 0.254 0.394 -0.156
2020-09-30 0.362 0.479 -0.079
2020-06-30 0.501 0.535 0.011

ALK Price Target

For more insight on analysts targets of ALK, see our ALK price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $77.93 Average Broker Recommendation 1.43 (Moderate Buy)

Alaska Air Group Inc. (ALK) Company Bio


Alaska Air Group is an American airline holding company based in SeaTac, Washington, United States. (Source:Wikipedia)


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Latest ALK News From Around the Web

Below are the latest news stories about ALASKA AIR GROUP INC that investors may wish to consider to help them evaluate ALK as an investment opportunity.

Here is why a major airline just cut dozens of flights

Alaska Airlines had a very low cancellation rate this year, but an issue cropped up recently that forced several flights to be scrubbed.

Yahoo | December 28, 2023

Alaska Air Group (ALK) Fell on Weak Airline Price

Diamond Hill Capital, an investment management company, released its “Long-Short Fund” third-quarter 2023 investor letter. A copy of the same can be downloaded here. The positive returns of the portfolio outperformed the Russell 1000 Index and the blended benchmark (60% Russell 1000 Index/40% Bloomberg US Treasury Bills 1-3 Month Index), both of which were negative in […]

Yahoo | December 22, 2023

Flight attendants in North America push for landmark changes in new contracts

The compensation system for flight attendants in the U.S. and Canada is under attack in new contract negotiations that could lead to big pay raises for cabin crews, but higher costs for airlines. Thousands of cabin crews at carriers in both countries are demanding to be paid for more of their hours at work - a fundamental change from how the industry currently compensates them by paying largely when the aircraft is in motion. As U.S. and Canadian carriers negotiate labor contracts, flight attendants are piling pressure on their unions to end the practice of "free work," such as when boarding passengers and waiting around the airport in between flights.

Yahoo | December 21, 2023

Alaska Air Group (ALK) Stock Moves -0.27%: What You Should Know

Alaska Air Group (ALK) closed the most recent trading day at $40.09, moving -0.27% from the previous trading session.

Yahoo | December 20, 2023

Airline Stock Roundup: LUV's Update on Labor Front, DAL's Rosy Winter Travel View

Southwest Airlines (LUV) has been imposed with a hefty fine by the DOT. Alaska Air (ALK) adjusts its outlook for fourth-quarter 2023.

Yahoo | December 20, 2023

Read More 'ALK' Stories Here

ALK Price Returns

1-mo 1.84%
3-mo -4.69%
6-mo 0.16%
1-year -2.70%
3-year -46.02%
5-year -29.26%
YTD -2.20%
2023 -9.01%
2022 -17.58%
2021 0.19%
2020 -22.81%
2019 13.78%

Continue Researching ALK

Here are a few links from around the web to help you further your research on Alaska Air Group Inc's stock as an investment opportunity:

Alaska Air Group Inc (ALK) Stock Price | Nasdaq
Alaska Air Group Inc (ALK) Stock Quote, History and News - Yahoo Finance
Alaska Air Group Inc (ALK) Stock Price and Basic Information | MarketWatch

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